Senin, 24 Maret 2014

USD/JPY Intraday: turning down.



Title: USD/JPY Intraday: turning down.
Summary: Short positions below 102.65 with targets @ 102 & 101.75 in extension.
Story: Pivot: 102.65

Our preference: Short positions below 102.65 with targets @ 102 & 101.75 in extension.

Alternative scenario: Above 102.65 look for further upside with 102.85 & 103.15 as targets.

Comment: The pair is breaking below its support as the RSI is badly directed.

Supports and resistances:
103.15
102.85
102.65
102.215 Last
102
101.75
101.45

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